81 FR 23536 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Designation of Longer Period for Commission Action on a Proposed Rule Change To Adopt FINRA Rule 4554 (Alternative Trading Systems-Recording and Reporting Requirements of Order and Execution Information for NMS Stocks)

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 81, Issue 77 (April 21, 2016)

Page Range		23536-23536
FR Document		2016-09207

Federal Register, Volume 81 Issue 77 (Thursday, April 21, 2016)

[Federal Register Volume 81, Number 77 (Thursday, April 21, 2016)]
[Notices]
[Page 23536]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-09207]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-77635; File No. SR-FINRA-2016-010]


Self-Regulatory Organizations; Financial Industry Regulatory 
Authority, Inc.; Notice of Designation of Longer Period for Commission 
Action on a Proposed Rule Change To Adopt FINRA Rule 4554 (Alternative 
Trading Systems--Recording and Reporting Requirements of Order and 
Execution Information for NMS Stocks)

April 15, 2016.
    On February 29, 2016, the Financial Industry Regulatory Authority, 
Inc. (``FINRA'') filed with the Securities and Exchange Commission 
(``Commission''), pursuant to Section 19(b)(1) of the Securities 
Exchange Act of 1934 (``Act'') \1\ and Rule 19b-4 thereunder,\2\ a 
proposed rule change to require alternative trading systems (``ATSs'') 
to submit additional order information to FINRA. The proposed rule 
change was published for comment in the Federal Register on March 7, 
2016.\3\ The Commission received one comment letter on the proposal.\4\
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78s(b)(1).
    \2\ 17 CFR 240.19b-4.
    \3\ See Securities Exchange Act Release No. 77269 (March 1, 
2016), 81 FR 11851 (March 7, 2016).
    \4\ See Letter to the Secretary from Theodore R. Lazo, Managing 
Director and Associate General Counsel, Securities Industry and 
Financial Markets Association (``SIFMA''), dated April 1, 2016 
(``SIFMA Letter'').
---------------------------------------------------------------------------

    Section 19(b)(2) of the Act \5\ provides that, within 45 days of 
the publication of the notice of the filing of a proposed rule change, 
or within such longer period up to 90 days as the Commission may 
designate if it finds such longer period to be appropriate and 
publishes its reasons for so finding or as to which the self-regulatory 
organization consents, the Commission shall approve the proposed rule 
change, disapprove the proposed rule change, or institute proceedings 
to determine whether the proposed rule change should be disapproved. 
The 45th day for this filing is April 21, 2016.
---------------------------------------------------------------------------

    \5\ 15 U.S.C. 78s(b)(2).
---------------------------------------------------------------------------

    The Commission is extending this 45-day time period. The Commission 
finds that it is appropriate to designate a longer period within which 
to take action on the proposed rule change so that it has sufficient 
time to consider the comment received on the proposal.
    Accordingly, pursuant to Section 19(b)(2) of the Act,\6\ the 
Commission designates June 3, 2016, as the date by which the Commission 
should approve, disapprove, or institute proceedings to determine 
whether to disapprove the proposed rule change (File No. SR FINRA-2016-
010).
---------------------------------------------------------------------------

    \6\ Id.

    For the Commission, by the Division of Trading and Markets, 
pursuant to delegated authority.\7\
---------------------------------------------------------------------------

    \7\ 17 CFR 200.30-3(a)(31).
---------------------------------------------------------------------------

Brent J. Fields,
Secretary.
[FR Doc. 2016-09207 Filed 4-20-16; 8:45 am]
 BILLING CODE 8011-01-P

23536 Federal Register / Vol. 81, No. 77 / Thursday, April 21, 2016 / Notices

of the Act 21 and paragraph (f) of Rule submissions. You should submit only proceedings to determine whether the
19b–4 thereunder.22 At any time within information that you wish to make proposed rule change should be
60 days of the filing of the proposed rule available publicly. All submissions disapproved. The 45th day for this filing
change, the Commission summarily may should refer to File Number SR– is April 21, 2016.
temporarily suspend such rule change if BatsBZX–2016–06 and should be
The Commission is extending this 45-
it appears to the Commission that such submitted on or before May 12, 2016.
day time period. The Commission finds
action is necessary or appropriate in the For the Commission, by the Division of
public interest, for the protection of that it is appropriate to designate a
Trading and Markets, pursuant to delegated
investors, or otherwise in furtherance of authority.23
longer period within which to take
the purposes of the Act. action on the proposed rule change so
Brent J. Fields,
that it has sufficient time to consider the
IV. Solicitation of Comments Secretary.
comment received on the proposal.
[FR Doc. 2016–09204 Filed 4–20–16; 8:45 am]
Interested persons are invited to Accordingly, pursuant to Section
BILLING CODE 8011–01–P
submit written data, views, and 19(b)(2) of the Act,6 the Commission
arguments concerning the foregoing, designates June 3, 2016, as the date by
including whether the proposed rule SECURITIES AND EXCHANGE which the Commission should approve,
change is consistent with the Act. COMMISSION disapprove, or institute proceedings to
Comments may be submitted by any of
[Release No. 34–77635; File No. SR–FINRA– determine whether to disapprove the
the following methods:
2016–010] proposed rule change (File No. SR
Electronic Comments FINRA–2016–010).
• Use the Commission’s Internet Self-Regulatory Organizations; For the Commission, by the Division of
comment form (http://www.sec.gov/ Financial Industry Regulatory Trading and Markets, pursuant to delegated
rules/sro.shtml); or Authority, Inc.; Notice of Designation authority.7
• Send an email to rule-comments@ of Longer Period for Commission
Brent J. Fields,
sec.gov. Please include File Number SR– Action on a Proposed Rule Change To
Adopt FINRA Rule 4554 (Alternative Secretary.
BatsBZX–2016–06 on the subject line.
Trading Systems—Recording and [FR Doc. 2016–09207 Filed 4–20–16; 8:45 am]
Paper Comments Reporting Requirements of Order and BILLING CODE 8011–01–P
• Send paper comments in triplicate Execution Information for NMS Stocks)
to Secretary, Securities and Exchange
April 15, 2016. SECURITIES AND EXCHANGE
Commission, 100 F Street NE.,
Washington, DC 20549–1090. On February 29, 2016, the Financial COMMISSION
Industry Regulatory Authority, Inc.
All submissions should refer to File
(‘‘FINRA’’) filed with the Securities and
Number SR–BatsBZX–2016–06. This file [Release No. 34–77628; File No. SR–OCC–
Exchange Commission (‘‘Commission’’),
number should be included on the 2016–801]
pursuant to Section 19(b)(1) of the
subject line if email is used. To help the
Securities Exchange Act of 1934
Commission process and review your Self-Regulatory Organizations; The
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2 a
comments more efficiently, please use Options Clearing Corporation; Notice
proposed rule change to require
only one method. The Commission will of Filing of an Advance Notice Related
alternative trading systems (‘‘ATSs’’) to
post all comments on the Commission’s to the Adoption of an Options
submit additional order information to
Internet Web site (http://www.sec.gov/ Exchange Risk Control Standards
FINRA. The proposed rule change was
rules/sro.shtml). Copies of the Policy
published for comment in the Federal
submission, all subsequent
Register on March 7, 2016.3 The April 15, 2016.
amendments, all written statements
Commission received one comment
with respect to the proposed rule Pursuant to Section 806(e)(1) of Title
letter on the proposal.4
change that are filed with the Section 19(b)(2) of the Act 5 provides VIII of the Dodd-Frank Wall Street
Commission, and all written that, within 45 days of the publication Reform and Consumer Protection Act,
communications relating to the of the notice of the filing of a proposed entitled the Payment, Clearing, and
proposed rule change between the rule change, or within such longer Settlement Supervision Act of 2010 1
Commission and any person, other than period up to 90 days as the Commission (‘‘Payment, Clearing and Settlement
those that may be withheld from the may designate if it finds such longer Supervision Act’’) and Rule 19b–
public in accordance with the period to be appropriate and publishes 4(n)(1)(i) under the Securities Exchange
provisions of 5 U.S.C. 552, will be its reasons for so finding or as to which
available for Web site viewing and Act of 1934,2 notice is hereby given that
the self-regulatory organization on March 4, 2016, The Options Clearing
printing in the Commission’s Public consents, the Commission shall approve
Reference Room, 100 F Street NE., Corporation (‘‘OCC’’) filed with the
the proposed rule change, disapprove Securities and Exchange Commission
Washington, DC 20549, on official the proposed rule change, or institute
business days between the hours of (‘‘Commission’’) the advance notice as
10:00 a.m. and 3:00 p.m. Copies of the 23 17
described in Items I and II below, which
CFR 200.30–3(a)(12).
filing also will be available for 1 15 U.S.C. 78s(b)(1).
Items have been prepared by OCC. The
Commission is publishing this notice to
jstallworth on DSK7TPTVN1PROD with NOTICES

inspection and copying at the principal 2 17 CFR 240.19b–4.

office of the Exchange. All comments 3 See Securities Exchange Act Release No. 77269 solicit comments on the advance notice
received will be posted without change; (March 1, 2016), 81 FR 11851 (March 7, 2016). from interested persons.
4 See Letter to the Secretary from Theodore R.
the Commission does not edit personal
Lazo, Managing Director and Associate General
identifying information from Counsel, Securities Industry and Financial Markets
6 Id.

7 17 CFR 200.30–3(a)(31).
Association (‘‘SIFMA’’), dated April 1, 2016
21 15 U.S.C. 78s(b)(3)(A). (‘‘SIFMA Letter’’). 1 12 U.S.C. 5465(e)(1).
22 17 CFR 240.19b–4(f). 5 15 U.S.C. 78s(b)(2). 2 17 CFR 240.19b–4(n)(1)(i).

VerDate Sep<11>2014 13:27 Apr 20, 2016 Jkt 238001 PO 00000 Frm 00081 Fmt 4703 Sfmt 4703 E:\FR\FM\21APN1.SGM 21APN1

Document Created: 2016-04-21 01:17:04
Document Modified: 2016-04-21 01:17:04

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		81 FR 23536